Replies to post #26308 on China Growth Stocks

[lostmyballs]

Andrew get a grip ,son....Manage your positions.If your down that much ,then set stops..Please dont preach doom and gloom here...

[swampdonkey]

Its at times like this that you see who are the traders & who are the investors.
My trading expertise & holdings are not on a par with 95% of this board & i have been beaten up badly these last few weeks.
On balance however im substantially up having accidentally fallen upon the China Micro Cap arena with GFRE last August

There may be much more pain to come & irrespective of how well China's economy steams on investor perception short to mid term will win the day. On that basis our positions could erode further

For me i always new this day would come but i'm not dropping any of my 12 odd china plays. I will be laughing my way to the bank 12 -24 months from now wondering what all the fuss was about........

For once doing absolutely nothing is the best advice one could give

[ari5000]

lost 20% last week?


Andrew, can I ask how many positions you hold?

I've certainly lost a huge amount... but nowhere near 20%... now approaching perhaps 10%. How concentrated are you?

[solarity]

Selloffs like these are painful to watch. So don't watch. Unless you are using margin, just ignore the market and your portfolios for awhile. Unless of course you are lucky enough to have available cash - at which point I would be buying like crazy. The fundamentals are excellent on these ECSC stocks and they will come back strong at some point.